iShares MSCI Malaysia ETF (NYSEARCA:EWM) Short Interest Up 196.8% in June

by · The Markets Daily

iShares MSCI Malaysia ETF (NYSEARCA:EWM – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 526,116 shares, an increase of 196.8% from the May 31st total of 177,244 shares. Currently, 4.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 374,214 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On iShares MSCI Malaysia ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Jessup Wealth Management Inc acquired a new position in iShares MSCI Malaysia ETF during the fourth quarter worth $72,000. BOCHK Asset Management Ltd grew its holdings in iShares MSCI Malaysia ETF by 250.0% in the fourth quarter. BOCHK Asset Management Ltd now owns 2,800 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 2,000 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in iShares MSCI Malaysia ETF in the second quarter valued at $84,000. AlphaCentric Advisors LLC purchased a new position in shares of iShares MSCI Malaysia ETF in the fourth quarter valued at $152,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares MSCI Malaysia ETF in the fourth quarter valued at $161,000. Institutional investors and hedge funds own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Stock Performance

EWM traded down $0.11 on Tuesday, hitting $26.92. 46,210 shares of the company were exchanged, compared to its average volume of 385,082. iShares MSCI Malaysia ETF has a fifty-two week low of $23.48 and a fifty-two week high of $30.64. The firm has a market capitalization of $337.04 million, a P/E ratio of 14.29 and a beta of 0.46. The business’s fifty day moving average is $28.72 and its 200 day moving average is $28.61.

About iShares MSCI Malaysia ETF

(Get Free Report)

iShares MSCI Malaysia ETF, formerly iShares MSCI Malaysia Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Index seeks to measure the performance of the Malaysian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.

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